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Smart Meter Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Smart Meter Manufacturing Market Research Report | Technology | Water | Aug 2014

Smart power: The industry will thrive on rising energy consumption and housing starts

The Smart Meter Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
General Electric Company General Electric Company  market share
Itron Itron market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
12.9%
Annual Growth 14-19
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Profit
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Employment
3,158
Businesses
51
Industry Analysis & Industry Trends

The industry has surged ahead in the past five years, fueled by growing demand for smart meters as utilities convert to smart grids. Revenue growth was also spurred by stimulus funds and rising electricity consumption rates. Rapid growth will continue in the next five years as more utilities embrace smart meter and smart grid technology and as new housing construction continues to recover aggressively.... purchase to read more

Industry Report - Industry Products Chapter

The Smart Meter Manufacturing industry manufactures smart meters for measurement, data collection and consumption analysis of electricity, water and gas. All smart meters produced by this industry are equipped with advanced metering infrastructure (AMI) software or a traditional automatic meter reading (AMR) system. The primary difference between the two types of meters is that AMI technology includes systems that allow for two-way communications between the consumer's energy meter and the utility company. Consumers use this information to track their own consumption patterns in order to make their energy use more cost effective. AMR systems simply collect consumer energy consumption data... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Smart Meter Manufacturing Industry?

This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.

Industry Products
Electric metersGas metersWater meters
 
Industry Activities
Manufacturing electricity smart metersManufacturing gas smart metersManufacturing water smart meters


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